Detailed text transcripts for TV channel - MSNBC - 20110413:13:26:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20110413:13:26:00

point because the fallout is being felt on the used car lot. sales of used trucks, and suvs are taking a major hit as buyers opt for a more fuel-efficient car. phil lebeau covers the auto industry for cnbc and he joins us. that was the hot car to have for a while, those suvs, phil. not anymore? >> not anymore. chuck, if you're selling your truck, you're not going to get as much as if you were selling a compact car. we are definitely seeing a split in the used car market inç ter of price acceleration, between the small, fuel-ee fsfficient vehicles and larger vehicles. take a look at the latest data. they are noticing that when you look at the compacts and the mid-size, they're up substantially. and this is just between february and march. look at what happened to the price of full-size suvs and full-size pickups. and this all has to do with the rising price of gasoline. we now are seeing gas, a regular gallon of gas at over $3.50 in

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